ITB - iShares US Home Construction ETF

BATS - BATS Delayed Price. Currency in USD
31.06
+0.62 (+2.04%)
At close: 4:00PM EST
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Previous Close30.44
Open30.14
Bid0.00 x 900
Ask0.00 x 2900
Day's Range30.14 - 31.14
52 Week Range29.47 - 46.56
Volume5,345,731
Avg. Volume3,489,861
Net Assets923.2M
NAV31.19
PE Ratio (TTM)N/A
Yield0.51%
YTD Return-28.45%
Beta (3Y Monthly)1.32
Expense Ratio (net)0.43%
Inception Date2006-05-01
  • ETF Trends4 days ago

    Trouble Lurks for Homebuilders ETFs

    Homebuilders stocks and the related exchange traded funds recently rallied, albeit modestly, off 2018 lows, but some market observers believe the group remains vulnerable to additional downside. The SPDR S&P Homebuilders ETF (XHB) , iShares U.S. Home Construction ETF (ITB) and Invesco Dynamic Building & Construction ETF (PKB) are still sporting significant year-to-date losses. “The XHB homebuilders ETF and ITB home construction ETF are both tracking for their worst years since 2008, the middle of a housing crisis that demolished the group,” reports CNBC.

  • Investopedia6 days ago

    2 Housing Stocks That Look Like Bargains

    Housing stocks are having a terrible year, weighed down by higher mortgage rates and raw-material costs. Because HVAC units typically last between 12 to 15 years, Baird analyst Tim Wojs sees strong demand for replacement-HVAC units over the next few years as units purchased during the height of the housing boom between 2003 and 2006 will soon need to be replaced. “We probably have a couple more years of strong replacement demand,” Wojs said.

  • Housing Market Facing Strong Headwinds: ETFs in Focus
    Zacks9 days ago

    Housing Market Facing Strong Headwinds: ETFs in Focus

    Mortgage applications hit a near 4-year low lately as rising rate concerns are affecting the sector, putting homebuilder ETFs in focus.

  • Here’s what the bear market in home construction stocks is trying to tell us
    MarketWatch14 days ago

    Here’s what the bear market in home construction stocks is trying to tell us

    Halloween may have passed, but home construction stocks continue to build a house of horrors: They’re down nearly 40%, on average, from their early-2018 highs. Of course, it’s understandable why home construction stocks’ weakness is so worrying, since the sector proved to be a good leading indicator of the 2008-09 Great Financial Crisis. A year prior to the 2007-09 bear market, for example, the iShares U.S. Home Construction ETF (ITB) , for example, had already fallen 25%.

  • ETF Trends18 days ago

    Homebuilder ETFs Jump with Homeownership on the Rise

    Homebuilders stocks and sector-related ETFs led the charge on Tuesday as the homeownership rate in the U.S. gains momentum. Supporting the gains in the homebuilder sector, the Census Bureau revealed the homeownership rate was 64.4% in the third quarter, compared to 64.3% in the prior three months and 63.9% a year earlier, Bloomberg reports. The steady price gains in the housing sector over the past six years are starting to slow, potentially allowing more buyers to bid on houses without resorting to a pricey bidding war.

  • September New Home Sales Fall to Near 2-Year Low: ETFs in Focus
    Zacks19 days ago

    September New Home Sales Fall to Near 2-Year Low: ETFs in Focus

    The housing market is one of the few sectors in the U.S. that isn't riding on the country???s growth as rising rates and housing prices are resulting in lower sales, putting housing ETFs in focus.

  • New-home sales plunge to a near two-year low as housing picture deteriorates
    MarketWatch24 days ago

    New-home sales plunge to a near two-year low as housing picture deteriorates

    The housing market is clearly taking a turn for the worse, as sales of newly-constructed homes fell off a cliff in September.

  • Trending: Chinese Stocks at Four-Year Lows Amid Fears of Deepening Trade Spat
    ETF Database24 days ago

    Trending: Chinese Stocks at Four-Year Lows Amid Fears of Deepening Trade Spat

    The constant strain of the Sino-U.S. trade relationship brought Chinese stocks to their knees in 2018 – the latest wave of selling sending mainland Shanghai Composite Index to levels not seen since November 2014. Volatility-tied products are under pressure again as wild price swings have returned to the markets. U.S. homebuilders are going through rough times with disappointing numbers in building permits and housing starts. Rising funding costs are a major problem for indebted corporations, especially as U.S. companies’ debt load reached record levels of $6.3 trillion. Closing the list, FAANGs have a wall of worries to climb with Netflix hoping to lead the way up with surging revenue and subscriber adds. Check out our previous Trends edition at Major Stock Indices Feel The Pain of Multi-Year High Rates.

  • ETF Trends24 days ago

    Yields Head Lower on Weaker-than-Expected Housing Data

    The yields on benchmark Treasury notes headed lower Wednesday as the Commerce Department reported weaker-than-expected new home sales, which dropped by 5.5% during September--its lowest level since 2016. "Anyone watching home builder stocks or watching the data all year should not be surprised but its's clear this important area of the US economy, highly sensitive to price and rates, has obviously slowed sharply," said Peter Boockvar, chief investment officer for the Bleakley Advisory Group. The new home sales data comes as housing starts also fell more than expected, sliding by 5.3% to a seasonally adjusted annual rate of 1.201 million units last month, according to the Commerce Department.

  • ETF Trends25 days ago

    PulteGroup Q3 Earnings Help Prop Up Homebuilder ETFs

    While some big blue chip stocks revealed lackluster results for the third quarter, homebuilders and home construction-related ETFs climbed on strong earnings and forward guidance. On Tuesday, the SPDR ...

  • Market Exclusive27 days ago

    Market Morning: Brexit Rebellion, GE Dividend Chopping Block, MbS Phones Khashoggi?

    This Week In The Economy It’s a relatively quiet week on the economic calendar but there are a few things to watch out for. On Wednesday, new home sales, home prices, and the 30-year mortgage rate. We’ve been seeing some early signs of an economic slowdown including a slowdown in housing sales. Ironically, the real […] The post Market Morning: Brexit Rebellion, GE Dividend Chopping Block, MbS Phones Khashoggi? appeared first on Market Exclusive.

  • ETF Trendslast month

    Dow Drops Over 150 Points as Rising Yields Worry Investors

    Positive earnings from the likes of Bank of New York Mellon, BB&T and Danaher were overshadowed by rising yields in the early trading session on Thursday as benchmark Treasury yields rose across the board, causing the Dow Jones Industrial Average to fall by over 150 points. In part, Treasury note yields were partly to blame for last week’s stock sell-off as benchmark notes went on a weeklong ascent in the week prior, pushing to new highs that caused investors to fret. "The bottom line is that the long end of the US yield curve has managed to break out for the first time in several years and that other developed market yields have also been moving higher," said Michael Shaoul, chairman and CEO of Marketfield Asset Management.

  • ETF Trendslast month

    Homebuilder Stocks, ETFs Pounded by Another Downgrade

    Shares of home improvement retailers and homebuilders equities tumbled Wednesday after another analyst downgraded the sector, weighing on the related exchange traded funds in the process. Credit Suisse’s ...

  • Investopedialast month

    Top 3 Homebuilders ETFs

    The characteristics and historical performance of the top three ETFs tracking the homebuilding industry.

  • ETF Trendslast month

    Disappointing Housing Starts Data Nails Homebuilder ETFs

    Housing starts fell more than expected, sliding by 5.3% to a seasonally adjusted annual rate of 1.201 million units last month, according to the latest data from the Commerce Department. The fall nailed homebuilder ETFs like the iShares US Home Construction ETF (ITB) , SPDR S&P Homebuilders ETF (XHB) and the Invesco Dynamic Building & Construction ETF (PKB) . The drop in housing starts was also paired with August's data being revised down to show starts rising to a rate of 1.268 million units versus the previously reported 1.282 million units.

  • Home builder confidence ticks up as buyer demand overcomes headwinds — for now
    MarketWatchlast month

    Home builder confidence ticks up as buyer demand overcomes headwinds — for now

    A measure of sentiment among residential construction firms rose slightly, reflecting solid macro fundamentals, but builders are still struggling to build homes for the more affordable segments of the market.

  • Winning ETF Strategies for the Fourth Quarter
    Zackslast month

    Winning ETF Strategies for the Fourth Quarter

    Against a sluggish backdrop, it is difficult to plan investments that could fetch sure-shot returns. As such, they should focus on certain techniques while building a portfolio.

  • ETFs That Tend To Win & Lose When Rates Rises
    Zackslast month

    ETFs That Tend To Win & Lose When Rates Rises

    Based on analytics tool Kensho, we have highlighted a few ETFs that have outshined and lagged when the 10-year Treasury note yield rose 25 basis points or more over a span of 30 days.

  • ETF Trendslast month

    Real Estate Doldrums Could Benefit Leveraged Bear ETF, Hurt Hombuilder ETF

    A rising rate landscape continues to rock the foundations of the real estate sector, particularly when it comes to homebuilders, which could benefit the  Direxion Daily MSCI Real Est Bear 3X ETF (DRV) , but put persistent downward pressure on the  Direxion Daily Homebuilders and Supplies Bull 3X Shares (NAIL) . With 30-year mortgage rates already surpassing the 5% mark, the cost to finance a home is getting more expensive, clamping down a housing market that has been lagging even as U.S. equities were in the midst of a historic bull run. Compounding the issue is the benchmark U.S. Treasury yield on the 10-year note reaching a new seven-year high.

  • High times for homebuilder stocks
    Yahoo Finance Video8 days ago

    High times for homebuilder stocks

    Tom Lee, head of research and co-founder of Fundstrat Global Advisors, says homebuilders are a major buy. He joins Yahoo Finance's Julie Hyman and Adam Shapiro as well as Bullseye Brief author and publisher Adam Johnson to explain why.

  • Top-ranked analyst on his homebuilder upgrade
    CNBC Videos23 days ago

    Top-ranked analyst on his homebuilder upgrade

    Stephen Kim, Evercore ISI senior managing director, gives his view on the homebuilding sector.

  • Auto and housing sectors under pressure
    CNBC Videos29 days ago

    Auto and housing sectors under pressure

    CNBC's Mike Santoli takes a look at ETFs tracking consumer sectors.

  • Mortgage payments are climbing twice as fast as home values
    Yahoo Finance Videolast month

    Mortgage payments are climbing twice as fast as home values

    Here's a sobering thought if you're looking to buy a new home: Mortgage payments are climbing twice as fast as home values. A new report from Zillow finds buyers today would have to spend about $1,400 more a year on their mortgages than they would have one year ago. Yahoo Finance's Seana Smith, Brian Sozzi, and Zack Guzman talk with Zillow President, Jeremy Wacksman.

  • With mortgage rates at 7-year highs, housing getting hit
    Yahoo Finance Videolast month

    With mortgage rates at 7-year highs, housing getting hit

    Tight housing inventories and high prices have left some prospective buyers on the sidelines. Now, mortgage rates have reached their highest level since April of 2011. Michael Roberts of Roberts Capital Advisors discusses with Yahoo Finance's Seana Smith, Pras Subramanian and Dion Rabouin.

  • First trades to rebound
    CNBC Videoslast month

    First trades to rebound

    CNBC's Mike Santoli reports on the ETFs that are making a comeback after the sell-off earlier this week.